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How to Buy Zentek Stock

Zentek Ltd

Zentek Ltd. engages in the research and development of graphene and related nanomaterials in Canada. It owns 100% interest in the Albany Graphite project located in Northern Ontario, Canada.

Zentek stock last closed at $1.06, down 0.93% from the previous day, and has decreased 28.38% in one year. It has underperformed other stocks in the Medical Instruments & Supplies industry by 0.17 percentage points. Zentek stock is currently +8.72% from its 52-week low of $0.98, and -39.39% from its 52-week high of $1.75.

There are currently 100.86M shares of ZTEK outstanding. The market value of ZTEK is $106.91M. In the last 24 hours, 24,073 ZTEK shares were traded.

How to Buy Zentek Stock

Wondering how to invest in Zentek stock? Here's how.
  1. Choose where to buy Zentek stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Zentek stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Choose your method of payment and add your information.
  4. Analyze Zentek stock: The Zentek ticker symbol is ZTEK. Is Zentek stock a good investment? Should you buy shares of ZTEK? How do ZTEK's underlying business fundamentals look? Do top analysts think Zentek is a good buy? Why has ZTEK's stock price moved recently? (Hint: Our stock market research website can help you understand if ZTEK is a good stock to buy).
  5. Execute your ZTEK purchase: Decide if you will purchase ZTEK shares at the current market price or use a limit order to buy ZTEK stock at a particular price.
  6. Monitor your ZTEK investment: Create a watchlist to keep track of your investment in Zentek stock.

Step 1: Choose where to buy Zentek stock

You need a brokerage account in order to access the NASDAQ market and buy ZTEK shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked your brokerage, you need to fill out some personal info so you can invest in ZTEK stock today.

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  2. Enter your personal details to create your new brokerage account.
  1. Send your info by hitting the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you've opened your account on a good stock buying app, you need to deposit funds:

Watch this video walkthrough to see the process of transferring funds into your investment account.

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Step 4: Analyze Zentek stock

After you have figured out the best place to buy Zentek stock, it's absolutely critical to analyze their stock prior to buying, so you can wrap your head around the risk and upside.

Zentek quick stats

ZTEK Price
$1.06
1w %
1.92%
1y %
-28.38%
5y %
N/A
P/E
-13.09x
P/B
6.42x
P/S
N/A
PEG
N/A
Revenue
$24.90k
Earnings
-$8.87M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$106.91M
Next Earnings
N/A
Next Dividend
N/A

Zentek Overview

WallStreetZen was created to help part-time investors do better fundamental analysis.

You can view all of the due diligence checks on ZTEK's stock page.

Is ZTEK stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge ZTEK's intrinsic value.

Using relative valuations measures:

  • ZTEK could be overvalued based on its P/B ratio of 6.42x, relative to Medical Instruments & Supplies industry P/B ratio of 3.53x

You can access additional valuation research on ZTEK's stock here.

ZTEK Financials at a glance

Signs that ZTEK is financially healthy:

  • There are more short-term assets than long-term liabilities on the ZTEK balance sheet.
  • ZTEK has a low debt to equity ratio of 0.11.
  • There are more short-term assets than short-term liabilities on the ZTEK balance sheet.

Signs that ZTEK is not financially healthy:

  • ZTEK profit margin has gone down from -4,321.6% to -35,637.7% in the past year.
  • ZTEK has cash burn of 7523319. It does not have enough cash and short-term investments to cover this.
  • ZTEK has $4.36M in cash and short term investments. This is not sufficient to cover its annual cash burn of $7.52M.

ZTEK Technicals

SMA10
1.11
SMA20
1.13
SMA50
1.2
SMA100
1.21
SMA200
1.27
MACD
-0.04
MACD Signal
-0.04
MACD Histogram
0
RSI
39.36
Stochastic %K
42.11
Stochastic %D
47.74
StochRSI %K
65.1
StochRSI %D
73.99

ZTEK Growth Metrics

Last year, ZTEK revenue was $24.90k. Over the past 2 year, ZTEK's revenue has increased by -58.51% per year. This was slower than the Medical Instruments & Supplies industry average of 9.46%.

You can analyze ZTEK's earnings and revenue performance here.

Latest Insiders Trades at ZTEK

Over the last year, insiders at ZTEK have not bought or sold any shares.

Learn more about who owns ZTEK stock here.

Can I get consistent income from ZTEK stock?

No, Zentek doesn't provide an income stream by paying out dividends.

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One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Execute your ZTEK purchase

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally fine.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a given price limit, place a limit order.

Click the Open button and your broker will place your order.

If you want additional info about buying stocks on eToro, click the how to video below:

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Step 6: Monitor your ZTEK investment

Now that you own some ZTEK stock, you'll want to keep up with your stock purchase.

Add ZTEK to a watchlist to get the latest updates about your ZTEK stock.

ZTEK Feed

How to Buy Stock in Zentek

To reiterate, here are the 6 steps for buying Zentek stock:

  1. Choose where to buy Zentek stock
  2. Create your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Zentek stock
  5. Execute your ZTEK purchase
  6. Monitor your ZTEK investment

If you need a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your new investment in Zentek, add ZTEK to your watchlist by clicking the button below.

NASDAQ: ZTEK
$1.06-0.01 (-0.93%)
Updated Apr 26, 2024
Open eToro Account
NASDAQ: ZTEK
$1.06-0.01 (-0.93%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Zentek share?

As of Apr 26, 2024, it costs $1.06 to buy one share of Zentek stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.53, you can buy 0.5 shares of ZTEK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Zentek stock?

One way to place an order for Zentek stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.